news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

it home reported on august 31 that according to a report by hong kong's sing tao daily, midea group aims to complete its listing plan in september with a maximum fundraising of us$3 billion (it home note: currently about rmb 21.282 billion), and plans to start a pre-roadshow as early as next week, which is expected to become the largest new stock this year. in addition, fengchao holdings, in which sf holding holds a stake, and chifeng gold, which has been listed in the mainland, have both submitted plans for listing in hong kong.

information from the hong kong stock exchange shows that midea has successfully passed the ipo review on the 30th (yesterday), with cicc and bank of america as sponsors.midea has been listed in shenzhen since 2013. yesterday, its a-shares closed at rmb 64.75, up 0.8%, with a market value of rmb 452.297 billion. its share price has risen 25.4% since the beginning of the year.

in the first half of this year, midea achieved operating income of 217.274 billion yuan, a year-on-year increase of 10.30%; net profit attributable to shareholders was 20.804 billion yuan, a year-on-year increase of 14.11%. in terms of revenue structure, hvac business is the most important source of revenue for midea group, with revenue of 101.461 billion yuan in the first half of 2024, a year-on-year increase of 10.28%; gross profit margin was 26.35%, a year-on-year increase of 2.98%.

midea group's revenue from refrigerators, small appliances and other consumer appliances was 75.138 billion yuan in the first half of 2024, a year-on-year increase of 10.28%; the gross profit margin was 33.39%, a year-on-year increase of 1.40%.